Focusing on one part of the IQ test, the Raven’s Progressive Matrices, researchers from King’s College London have found that on average intelligence has risen the equivalent of 20 IQ points since 1950.
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UK house prices fell by 0.1 per cent in February as the pace of annual house price growth moderated to a 17-month low, according to the Nationwide house price index, highlighting the continued slowdown in housing market activity.
But don’t get too excited. The biggest challenges to the country’s property market — the lack of the stock and ongoing barriers to entry for first-time buyers as ownership levels hit a 30-year low — were not going away.
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If Greek political party win the election on January 25, they say they will quit the EU. Latest opinion polls suggest they are edging closer to victory. Yet, as The Economist explain, without a majority win, who would be its coaltion partner?
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UK house prices are cooling.
Europe went into deflation this week. Or, to coin a term, “lowflation”.
Oil prices sank even lower.
Unemployment in the US dropped to around 5%. But wages are still low. 
Greek unemployment has stabilised. Maybe they won’t vote their way out of the EU on January 25 after all.
Thanks for the advice, Bloomberg.
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As an editorial director of a magazine with a cartoon on the cover every week, I honour Charlie Hebdo and honour it’s work.
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Warren Buffet’s fund outperformed the S&P500 last year – kind of what you would expect, right? (See chart below).
Handily, Buffet’s “huge mistake” in buying Tesco shares was offset by his profitable stake in Wells Fargo.
And by his emphasis on acquisitions of hard assets such as electric utilities, manufacturers, retailers and one of the largest U.S. railroads, said Bloomberg.
